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SAP C_TS4CO_2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Cost Object Controlling > 12% | Determine and configure cost object controlling - planning and actuals, and customize and complete cost object controlling in a make to stock scenario and in a make to order scenario. Define WIP, results analysis, variances and revenue recognition (in cooperation with FI and SD) and configure period end closing for cost objects. |
| Organizational Assignments and Process Integration 8% - 12% | Define scopes and processes in Management Accounting, cross-company code design, sub-contracting, production execution, sales pricing, inbound freight, stock transfers, inventory valuation and transfer pricing, work in process rules and high-level requirements for organization units. Configure budgeting and availability control settings and period end closing, define statistical key figures and assign the controlling area to company codes and operating concern. Check number ranges and first integration flows with other modules (CO), and configure versions. |
| Product Cost Planning > 12% | Determine and configure product cost planning, define interface from CO-PCP (Product Cost Planning) to CO-PA (Profitability Analysis) and costing versions for alternative costings, determine cost elements structure, cost component structure, planning requirements, costing variants and multi-level costings, and carry out a Price update in the material master record. |
| Cost Center Accounting > 12% | Define, create and configure cost centers, cost center hierarchies and cost center groups. Determine usage of Cost Center Accounting and type of planning functionality, cost center accounting activity types, cost center characteristics and attributes, planning requirements, plan allocations requirements and actual allocations for cost centers. Configure period end closing for CCA. |
| Reporting 8% - 12% | Determine general reporting requirements for cost centers, configure cost center reporting, and create report painter reports and drill-down reports. |
| Profit Center Accounting < 8% | Create organizational charts for profit centers, determine Profit Centers (in FI in the new GL), create Profit Centers and check master data assignments, and configure period-end closing for PCA. |
| Profitability Analysis > 12% | Define value fields, characteristics and summary characteristics, determine planning, actual and process flow and security requirements, design process flows and develop authorization concept for reporting of FI / CO data. Configure profitability analysis and determine the operating concern, and assignment to controlling area. Define currency and assign the chart of accounts, result analysis and revenue recognition (in cooperation with FI and SD), and configure period-end closing for PA. |
| Internal Orders 8% - 12% | Distinguish between order category and order type. Determine plan data, commitments and actual requirements for internal orders and determine period-end closing activities. Define, create and configure internal orders and create a concept for internal order accounting, and customize internal order accounting, determine settlement rules and configure period-end closing for IOA. |
NEW QUESTION 78
What do you do to create a primary cost component split? There are TWO correct answers for this question
- A. Run an activity price calculation
- B. Use the cost splitting tool on cost centers
- C. Assign a cost component structure to the CO-version
- D. Enter split activity prices manually
Answer: A,C
NEW QUESTION 79
What does the calculation of a condition type in the costing sheet depend on? There are 2 correct answers to this question.
- A. Segment
- B. Calculation type
- C. Valuation
- D. Condition class
Answer: B,D
NEW QUESTION 80
How can you configure the transfer price solution in SAP S4/HANA? 2 Answers
- A. Use separate segments for each valuation
- B. Use separate currency types within the same ledger for each valuation
- C. Use separate ledgers for each valuation
- D. Use separate accounts for each valuation
Answer: C,D
NEW QUESTION 81
Which statement best describes a cost center standard hierarchy?
- A. It is grouped together with alternative hierarchies to represent decision control and repsonsability units
- B. It enables you to assign the same attributes to similar cost centers within a controlling area
- C. It represents an organization unit in SAP S/4HANA where the costs and revenues are incurred and reported
- D. It is a structure to which all the cost centers within a controlling area are assigned
Answer: D
NEW QUESTION 82
You want to creat cost centers for you company. What is the prerequisite to building an organizational structure for overhead cost controlling?
- A. Standard hierarchy top node
- B. Cost center type
- C. Functional area
- D. Cost center category
Answer: A
NEW QUESTION 83
Which of the following objects can be selected in templates for activity-based costing? 2 answers
- A. Business process
- B. internal order
- C. WBS element
- D. Cost center/activity typ
Answer: A,D
NEW QUESTION 84
Which objects do you use when you assign costs and revenue to the value fields in costingbased CO- PA?
- A. Transfer structure
- B. Allocation structure
- C. Overhead group
- D. Allocation template
Answer: B
NEW QUESTION 85
Which scenarios can be covered by the costing run?
- A. Product cost collector cost estimate in one plant
- B. Inventory cost estimate of all the materials in one plant
- C. Standard cost estimate of all the materials in all plants of a controlling area
- D. Current cost estimate of all the materials in all controlling areas
Answer: C,D
NEW QUESTION 86
What can you use to difference two or more cost estimates fo rthe same material ? 2 answers
- A. Costing variant
- B. Valuation variant
- C. Transfer control
- D. Costing version
Answer: A,D
NEW QUESTION 87
Which criteria do you use to specify the G/L account for the work in process (WIP) settlement? There are THREE correct answers for this question
- A. Results analysis version
- B. Results analysis method
- C. Results analysis profit center
- D. Results analysis category
- E. Results analysis cost element
Answer: A,B,D
NEW QUESTION 88
How can you populate local variables in Profitability Analysis reports?
- A. By user entry during report execution
- B. By populating from user parameters
- C. By business Add-in
- D. By user exit
Answer: A
NEW QUESTION 89
To which objects do you assign the elements of the cost component split to ensure the transfer of costing to costing-based CO-PA?
- A. Value field
- B. G/L accounts
- C. Controlling areas
- D. Segments
Answer: A
NEW QUESTION 90
you are configuring internal order settlement. Where do you define which cost elements should be settled, using either the original or settlement cost elements?
- A. Template
- B. Settlement rule
- C. Allocation structure
- D. Settlement profile
Answer: C
NEW QUESTION 91
What tasks are performed by the system during activity allocation? There are TWO correct answers for this question
- A. The cost element is derived from the master data for the activity type
- B. A primary costs G/L account is used for debiting and crediting
- C. The allocation amount is calculated based on the quantity and price of the activity
- D. The sender cost object is debited and the receiver cost object is credited
Answer: A,C
NEW QUESTION 92
Which component provides insight into the effectiveness and results for areas of responsibility within the enterprise?
- A. Results analysis
- B. Revenue accounting and reporting
- C. Profitability analysis
- D. Profit center accounting
Answer: D
NEW QUESTION 93
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